The iPhone 5 had been expected to come out after the iPhone 4 and many tech experts and analysts were disappointed when the iPhone 4S was released instead, with some calling it a “disappointing update other than aggressive price changes”. Just under a year later, the wait is over and tech geeks can revel in a new iPhone once again.


Boasting a four-inch display, it has a clear and crisp resolution (that has 18 per cent more pixels than the 4S). That is not all though; Apple has also introduced a new A6 processor, which claims to be twice as fast as the one featured in its predecessor. Unfortunately for amateur photographers, the camera’s megapixels have not been improved, staying at just 8 megapixels. However the camera is now quicker at capturing photos and better in low light too. The iPhone 5 also runs on the slick iOS6, but this is also available as an update for 3GS, 4, and 4S users. More of the iPhone 5’s features can be found here.


But what you all want to know is how much Apple’s latest innovation is going to cost you (or your student loan).


Here are the best deals as of 28 Sept 2012:


Cheapest monthly charge:


Tesco Mobile: 24 months, £300 handset cost, 1500 minutes, 5000 texts, 1GB data. £25 a month.


Best for internet:


Three: 24 months, £79 handset cost, 500 minutes, 5000 texts, all-you-can-eat data. £34 a month.


Best for talkers:


O2: 24 months, £249.99 handset cost, unlimited minutes, unlimited texts, 1GB data. £26 a month.


Best all-rounder:


Three: 24months, £79 handset cost, 2000 minutes, 5000 texts, all-you-can-eat data, 5000 Three-to-Three minutes. £36 a month


Please bear in mind that deals are subject to change.